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22
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2
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Steven Rogers
  • Redmond, WA
2
Votes |
22
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Loan fees - are these all normal?

Steven Rogers
  • Redmond, WA
Posted

Hi All,

I'm in the midst of getting a loan on a 3 plex unit with 25% down. While reviewing the loan, it seemed like my net closing costs is quite high - are the fees below all reasonably priced/expected? I'd love to see what others think. This is in Texas by the way.

Thanks

$1500 - Origination fee

$275 - Doc prep fee

$425 - Appraisal Fee

$375 - Closing/Escrow fee

$100 - Lenders title insurance

$200 - Title Endorsements

$1207 - Owners title insurance

$400 - Survey

$120 - mortgage recording change

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